Oil price surge

The shadow of US-Iran hostilities is casting a long pall over Pakistan’s economy, triggering a severe fuel crisis and rampant inflation. Global energy markets are in turmoil, with oil and …

In a heated Senate hearing, US Treasury Secretary Scott Bessent vigorously defended temporary exemptions from Russian oil bans, crediting them with staving off a global energy crisis. The decision came …

As global tensions simmer in key shipping lanes like the Strait of Hormuz, Bangladesh grapples with a perfect storm of economic headwinds, exacerbated by stalled IMF talks and uncertain foreign …

A bold U.S. naval operation in the Gulf of Oman triggered a seismic shift in global energy markets Monday. With Brent crude climbing to $96 per barrel—a 6.3% leap—and WTI …

Geopolitical shadows lengthened over Indian equities Monday, as stalled US-Iran talks unleashed a wave of selling pressure. The Sensex plummeted 1,675 points or 2.16% to an intraday trough of 75,874.85, …

Geopolitical flare-ups in the Middle East sent Indian equities tumbling at open on Thursday, erasing Wednesday’s robust rally. Iran’s claims of US ceasefire violations ignited a fresh oil price surge, …

Indian equities opened lower on Thursday, pressured by renewed Middle East flare-ups that sent oil prices soaring. After a robust rally the prior day, weak international cues—fueled by Iran’s claims …

New Zealand’s Prime Minister Christopher Luxon didn’t mince words as Iran’s blockade of the Strait of Hormuz threatens to upend the nation’s fuel supply and economy. With oil prices rocketing …

The recent strikes on Gulf energy facilities have ignited a crude oil price rally, poised to deliver substantial profits to upstream oil companies and service providers. Downstream refineries and consumers, …

Tensions in the Middle East boiled over into energy markets Thursday, as attacks on vital oil and gas facilities propelled crude prices upward by over 4 percent. Brent crude for …